SCHEDULES
SCHEDULE 20Controlled foreign companies and foreign permanent establishments
PART 3Other amendments
47Insurance Companies (Reserve) (Tax) Regulations 1996 (S.I. 1996/2991)
1
Regulation 8A is amended as follows.
2
In paragraph (1)—
a
in sub-paragraph (a) for “controlled foreign company” substitute “CFC (within the meaning of Part 9A of the Taxation (International and Other Provisions) Act 2010)”, and
b
in sub-paragraph (b) for “controlled foreign company” substitute “CFC”.
3
In paragraph (4)—
a
for “controlled foreign company’s” substitute “CFC’s”, and
b
for “the company” substitute “the CFC”.